Can You Afford an Account Suspension?

As an Amazon Seller, you’re a unique kind of business owner. While you may sell on other platforms or your own ecommerce website, your Amazon sales rely on your relationship with the platform. And as we all know, sometimes that relationship can be fickle.

Maybe the Amazon Bots are having a bad day, or perhaps you just got caught in the crossfire of a new algorithm. Either way, when a suspension notice appears, you’re hit with that pang of fear, frustration, and confusion.

As every Amazon seller knows, suspensions are tricky, time-consuming, and a financial hit to your business. While you’ve always been aware that suspensions happen, you might not have considered what you would do if it happened to you.

Just like you have insurance for other business risks, like fire, theft, or even a cyber attack, there’s now insurance for Amazon suspensions.

Momentum™ by NAS Insurance is a new kind of insurance to protect sellers against the hardships of an account suspension. With a Momentum policy, you no longer have to face the challenges of suspension alone.

Momentum provides two main coverages during an account suspension:

Financial loss: When your account is suspended, you’re unable to sell your product(s) until you’re reinstated. If you can’t sell your products, you can’t make money—but in the meantime, you have financial obligations to uphold. Momentum will reimburse you for your financial loss for up to 30 days so you can get back on your feet.

Reinstatement support: Having your account suspended is stressful enough, without having to navigate Amazon’s complex appeal process. Sometimes, sellers decide to write their appeal themselves due to budget constraints or simply because they don’t know where to turn for help. With Momentum, your costs to hire a reinstatement specialist are covered, so you can let an expert handle the dirty work, while you focus on the rest of your business.

As an added bonus, Momentum also covers your expenses to hire a tax expert during a tax audit. Consider it an added benefit (and safety net) for your business.

Can You Afford an Account Suspension?

So now you might be thinking, this all sounds great, but how likely is it that I’ll actually get suspended?

Since we don’t have a crystal ball, consider this question instead: Can I afford an account suspension this month? Next Month? This year?

Check out the Momentum insurance calculator to see if getting insured is better than getting suspended – without insurance. Because you still have bills to pay, mouths to feed, and a business to run. To learn more about Momentum, visit www.nasmomentum.com

About the Author – Can You Afford an Account Suspension?

Costa Kleoni is Manager of Program Development for NAS Insurance, based in Los Angeles. He is responsible for managing, underwriting, and developing the Momentum™ product. He has a bachelor’s degree in Economics from the University of California Santa Barbara, and is a former Amazon seller.

Get in Touch

Attorney Advertising

The information provided on this website is not intended to be legal advice and does not create an attorney/client relationship. Internet subscribers are advised not to take any action based upon the material in this website without first consulting C.J. Rosenbaum or other legal counsel. We are not responsible for the accuracy of any information contained on any sites linked to ours. This website may be considered lawyer advertising by the State of New York.